94% of Singaporeans Know Crypto — Is Mass Adoption Just Around the Corner?

Almost every Singaporean knows crypto — a sign that mass adoption might be imminent worldwide.

May 26, 2025 - 08:33
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94% of Singaporeans Know Crypto — Is Mass Adoption Just Around the Corner?

A recent report from the International Research Centre for Innovation (IRCI) reveals a striking fact: 94% of Singapore’s population—approximately 5.8 million people—are familiar with cryptocurrencies. This level of awareness is exceptionally high compared to many other countries, signaling a major shift in public perception.

Singapore’s reputation as a global fintech hub appears to be fueling this surge in crypto knowledge. The government’s relatively progressive stance on digital assets has helped educate and encourage people to explore cryptocurrencies.

For investors, this widespread awareness could mean the city-state is poised for mass crypto adoption, potentially driving demand and innovation in the region’s blockchain ecosystem. More users often translate into increased liquidity and market activity, which is crucial for a healthy investment environment.

If Singapore’s example spreads globally, the next crypto boom might be closer than many expect—especially as traditional investors and institutions grow more confident.

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NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.